SWIFT enables instant cross-border payments
This seemingly fight-or-flight response to blockchain’s rising ubiquity may be too little, too late. Go to Source Powered by WPeMatico
Sanctions
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Venezuelan army starts mining Bitcoin to make ends meet
The Venezuelan army turns to crypto mining as the country’s economy collapses. Go to Source Powered by WPeMatico
US intelligence is looking at Chinese CBDC as a national security threat
The Director of National Intelligence wants to have the SEC’s leader briefed on the dangers of the U.S. falling behind in crypto. Go to Source Powered by WPeMatico
US Government labels Virgil Griffith’s argument to dismiss sanctions charges ‘absurd’
Government lawyers implied that citizens could legally pass along nuclear secrets to North Korea if held to the same standards as Griffith. Go to Source Powered by WPeMatico
Cuba’s exploding crypto interest comes amid an absence of regulation
Monetary reforms and a lack of regulation mean crypto is booming in Cuba. Go to Source Powered by WPeMatico
Google searches for Bitcoin are on the rise in Cuba
Cubans are interested in Bitcoin as other major digital payment options like PayPal are unavailable. Go to Source Powered by WPeMatico
Cuban freedom fighters launch underground Bitcoin remittance network
Fiat trades are often completed for a sizable fee by bike-riding crypto enthusiasts. Go to Source Powered by WPeMatico
Ethereum researcher Virgil Griffith files motion to dismiss North Korea conspiracy charge
Griffith argues that because his April 2019 conference presentation consisted of widely-available public information, he was not providing a “service” to North Korean officials Go to Source Powered by WPeMatico
Venezuela’s State-Run ‘Defi’ Crypto Exchange Goes Live After Maduro’s Anti-Blockade Speech
Decentralized finance (defi) is allegedly coming to Venezuela after a recent decree from Venezuelan President, Nicolás Maduro and the United Socialist Party of Venezuela. The government recently introduced a defi platform called BDVE that purportedly provides Venezuelan citizens with the means to swap ERC20 tokens in a noncustodial manner. For quite some time now Venezuela … Read more
US Treasury warns crypto firms not to reimburse unknown ransomware victims
Malware payouts from insurance companies pose a threat to U.S. national security. Go to Source Powered by WPeMatico